CCI approves acquisition of shareholding in Shriram Housing Finance Limited by Mango Crest Investment Ltd.

CCI approves acquisition of shareholding in Shriram Housing Finance Limited by Mango Crest Investment Ltd.

The Competition Commission of India (CCI) has approved the acquisition of shareholding in Shriram Housing Finance Limited by Mango Crest Investment Ltd.

Mango Crest Investment Ltd. is a company incorporated in the Republic of Mauritius. The principal business activity of the Acquirer is undertaking investment holding activities.

Shriram Housing Finance Limited is a housing finance company registered with the National Housing Bank.

Detailed order of the CCI will follow.